DigiByte/Tether
Long

DGB/USDT — Descending Triangle at a Critical Demand Zone

52
🔎 Technical Overview
On the daily chart, DGB/USDT is forming a descending triangle, with a clear downward sloping trendline acting as dynamic resistance and a horizontal demand zone around 0.0065 – 0.0077 USDT providing strong support.

This setup reflects a phase of accumulation or distribution, where the market is preparing for a decisive move: either a bullish breakout above the descending trendline or a bearish breakdown below the demand zone.

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📊 Key Technical Levels

Current price: 0.008295

Demand zone (support): 0.0065 – 0.0077 (yellow box)

Upside resistance levels:

0.010439 → first breakout confirmation

0.011816 → secondary resistance

0.013280 → mid-term target

0.015355 → extended target

0.020382 & 0.022080 → major upside levels if momentum accelerates

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🟢 Bullish Scenarios

1. Confirmed Breakout (conservative):
If the price manages to close a daily candle above the descending trendline and reclaim 0.010439, bullish momentum is likely to strengthen.

Targets: 0.0118 → 0.0132 → 0.0153

Key signals: rising volume, RSI recovery, strong daily green candle.



2. Bounce from Demand (aggressive):
If price retests the 0.0065–0.0077 zone and bounces, this area may serve as a strong accumulation point.

Stop loss: below 0.0063–0.0065.

Initial target: 0.0104, with extensions to higher resistances.

Risk-to-reward ratio could be highly favorable if the bounce holds.

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🔴 Bearish Scenario

A daily close below 0.0065 would confirm the descending triangle breakdown.

This breakdown could trigger further downside with a target toward 0.0056 or lower.

After the breakdown, the 0.0065–0.0077 zone would flip into a supply zone (resistance).

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📌 Pattern & Sentiment

Descending Triangle: traditionally considered a bearish continuation pattern, but in crypto markets, upside breakouts are also possible.

Historical Demand Zone: the highlighted yellow box has been tested multiple times since March 2025, making it a key psychological support.

Market Sentiment: the reaction around this zone and the ability to break the trendline will dictate the medium-term direction.

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⚖️ Conclusion & Strategy

Bullish play: wait for a breakout above 0.0104 with strong volume (safer) or accumulate cautiously in the demand zone with a tight SL (riskier).

Bearish play: a daily close below 0.0065 signals breakdown and opens the door for deeper declines.

Risk management: always use stop loss and limit exposure to 1–2% risk per trade.


DGB is currently at a make-or-break point. Whether buyers can defend the demand zone or sellers push through support will define the next big move.

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